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Molesworth Arms, Pyworthy, Holsworthy, EX22 6SU

£590,000

Business rates & charges may apply

Christie & Co, Pubs & Restaurants
SIZE

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SECTOR

Pub for sale

Key features

  • Open plan restaurant/bar w/flagstone floors
  • Extensive owners accommodation w/private deck
  • Self-contained 1 bed garden apartment w/patio
  • 2 double letting rooms w/ensuite shower rooms
  • Consent to build new 1 bed detached house
  • Landscaped courtyard garden w/pizza oven. EPC D
  • Christie & Co Ref: 3451545

Description

Description

Dating from the 19th Century, this attractive building, which measures circa 4,000 sq. ft., has an open plan ground floor trading area with bar and characterful features such as original flagstone flooring and an open fire.

The beer cellar is conveniently located behind the bar counter and the well equipped catering kitchen is also found on the ground floor.

There are two en-suite letting rooms on the first floor and a self contained 1 bedroom apartment with private patio sits at the rear of the pub.

Planning permission has been granted to replace the outbuilding into a one bedroom house.

The private accommodation is on the first and second floors and offers comfortable, well appointed surroundings with a large private decked terrace and countryside views from the master suite on the top floor of the building.

Location

The village of Pyworthy is located in the far west of Devon, just 2 miles away from the border with North Cornwall and 9 miles from the beaches and bays around Bude.

Heritage coastlines in both Devon and Cornwall are accessible from here, as is the South West Coast path. These features, as well as the walking trails and countryside closer to the village, attract visitors and walkers throughout the year.

Exeter St. Davids railway station (with a 2 hour journey time to London Paddington), Exeter Airport and Newquay airport are all circa 1 hours drive away.

Internal Details

Ground Floor:
- Comfortable seating areas (c.40 covers) with flagstone floors and open fire.
- Bar counter and adjacent wine/beer cellar
- Well equipped commercial kitchen

Fixtures & Fittings

Our client advises that all trade fixtures and fittings will be included in the sale, although a number of decorative items/artwork in the trade areas will be exempt.

The vendors will provide an inventory listing.

Restaurant & Bar Area

Ground Floor:
- Comfortable seating areas (c.40 covers) with flagstone floors and open fire.
- Bar counter and adjacent wine/beer cellar
- Well equipped commercial kitchen

Letting Accommodation

Two double rooms with ensuite showers are located on the first floor of the property which can be accessed independently via external stairs and a code controlled side gate.

To the rear of the pub, there is a self contained one double bedroom apartment with an open plan kitchen/diner/living area and shower room.

This apartment also has a private patio and, currently, exclusive use of the covered wood-fired pizza oven area.

External Details

There is a landscaped courtyard garden to the rear of the property, which is currently retained for accommodation guests to enjoy. However, this could be used for wider trade purposes if desired.

Owner's Accommodation

The owners' accommodation is on the first and second floors, comprising of:
- Double bedroom with en suite shower
- Kitchen
- Living/Reception room
- Dining room (opening onto the private roof terrace)
- Private roof terrace
- Top floor master bedroom with ensuite bathroom

Other Property

There is an outbuilding to the south side of the premises and planning permission was granted in October 2023 to demolish this and build a new detached one bedroom dwelling (see section on Planning Permission).

The Opportunity

The current owners have created an attractive and comfortable home with letting rooms & a characterful restaurant/bar.

The present food-led restaurant/bar business enjoys a good following with recent awards including TripAdvisor notification of being in the top 10% of restaurants in the world based on latest 12 months customer reviews & "Best Village Pub and Restaurant in Devon" in the Luxlife Restaurant & Bar Awards 2024.

By our clients choice the business currently opens for only part of the week, and is closed when they take their winter break and there is considerable potential to increase income by longer year round opening.

The self-contained garden flat and first floor letting rooms generate a good income stream and the planning consent to build a new detached dwelling provides further opportunity to increase letting revenue.

Trading Hours

The current trading hours are:

Summer:
Wednesday - Saturday 6 pm to 10 pm


Winter:
Thursday - Saturday 6pm to 10pm, Sunday - 12 pm to 4 pm

Planning Permissions

The reference number for the planning permission granted on the outbuilding is 1/0507/2023/FUL and further details and plans can be found at:

Tenure

Freehold and free of any tie.

Business Rates

The property is currently exempt from business rates, although interested parties should make their own checks to see if this may change in the future.

Regulatory

The property has a full premises licence.

Energy Performance Certificates

EPC 1

Brochures

Molesworth Arms, Pyworthy, Holsworthy, EX22 6SU

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Okehampton Station18.2 miles

About Christie & Co, Pubs & Restaurants

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Notes

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Disclaimer - Property reference 3451545-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Pubs & Restaurants. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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